Zacks Investment Research Upgrades Clear Channel Outdoor Holdings, Inc. (CCO) to Buy

Cynthia Vaughn | January 12, 2017

Zacks Investment Research Upgrades Clear Channel Outdoor Holdings, Inc. (CCO) to Buy
Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Tuesday. The firm presently has a $5.50 price target on the stock. Zacks Investment Research’s price target suggests a potential upside of 11.11% from the stock’s previous close.According to Zacks, “Clear Channel Outdoor Holdings, based in San Antonio, TX, is a global leader in outdoor advertising displays in countries across continents. In the United States, the company operates advertising displays and has a presence of the top DMA regions. It manages a large portion of Spectacular Displays in Times Square as well as Airport, Taxi and Mall advertising worldwide. Adshel is the company’s International street furniture division. “

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